Current Yield

Bonds Mount a Comeback

After the Fed announced it wasn't about to wind down its bond-buying program, bond prices surged. But some look more appealing than others—corporate bonds are particularly susceptible to interest-rate risk right now, and Treasuries are still too pricey.

Oracle Team USA's improbable rally from an 8-1 deficit to a 9-8 win in the America's Cup sailing race wasn't last week's only notable comeback.

Bonds, left for dead just two weeks ago, have been resurgent since the Federal Reserve surprised markets when it concluded the latest policy meeting by saying it had no plans to wind down its $85 billion monthly bond-buying program yet. The 10-year Treasury note yield fell to 2.61% Friday from...